First Industrial Realty Trust PE ratio FR

Share price divided by earnings per share over the last twelve months, since 2014.

Today, Oct 23, 2026: 19.9×
10-year median: 24.9×
Against its 10-year history: 22nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 14.8× to 36.1×
Peer median: 25.4×

First Industrial Realty Trust's PE ratio is 19.9× as of Oct 23, 2026: a share price of $54.44 against $2.74 of earnings per share over the last twelve months.

That is below its ten-year median of 24.9×, lower than on 78% of days in the last ten years.

Over that time it ranged from 14.8× in Mar 2020 to 36.1× in Oct 2019.

The median for 10 specialty REITs of a similar size is 25.4×.

PE ratio over time

median 24.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.9×	19.9×	34.3×
2025	32.6×	20.8×	32.6×
2024	21.6×	21.0×	26.9×
2023	26.1×	16.6×	26.4×
2022	16.3×	15.0×	34.2×
2021	35.6×	24.8×	35.6×
2020	25.7×	14.8×	28.6×
2019	27.2×	16.7×	36.1×
2018	16.6×	16.2×	29.0×
2017	29.4×	21.1×	32.0×
2016	22.8×	20.6×	46.6×
2015	49.2×	37.3×	52.0×
2014	49.0×	44.8×	83.7×

Against its peers

Companies in REIT - Specialty nearest First Industrial Realty Trust's size, closest first, today.

Company	PE ratio
FRFirst Industrial Realty Trust	19.9×
STAGSTAG Industrial	28.0×
NNNNNN REIT	20.5×
RHPRyman Hospitality Properties	32.0×
ADCAgree Realty	35.9×
BRXBrixmor Property	20.0×
CTRECareTrust REIT	23.0×
EPRTEssential Properties Realty Trust	20.7×
CUBECubeSmart	27.7×
RYNRayonier	41.4×
FRTFederal Realty Investment Trust	22.0×
Peer median	25.4×

Where First Industrial Realty Trust ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on First Industrial Realty Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.